LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support at is expected.

Caution: A possible trend reversal in the direction of the resistance level at 54.69 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

54.69 – 55.28 – 55.18 – 53.95 – 53.54 – 53.43 —
54.540000000 – 54.490000000 —
47.452303646577 – 49.266500571565 —
– —
54.69 – 1773311400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –